$499,000

902 Gray Ave Carrabelle, FL 32322

Estimated payment $3,163/month

Total Views 348
21.3 Acres
$23,427 Price per Acre
927,828 Sq Ft Lot

Highlights

  • 61.5 Acre Lot
  • Wooded Lot
  • Interior Lot
  • Wetlands on Lot
  • No HOA

About This Lot

Exceptional development opportunity in the heart of Carrabelle, Florida. This 21.3 acre parcel, offers a rare chance to acquire a large scale tract zoned for multifamily use within city limits, with guidance from the City of Carrabelle indicating the potential for up to 15 units per buildable acre. Preliminary plats have been drafted for the far west cleared section, with city water and sewer available along Gray Ave., providing a strong foundation for future development. With no existing infrastructure in place, the property offers a blank slate for a developer to design and execute a vision from the ground up. Opportunities of this scale, zoning, and location are increasingly limited in our area. This parcel is ideally positioned just minutes from local marinas, public boat ramps, and Carrabelle's downtown waterfront district, this location blends convenience with the laid-back coastal lifestyle that continues to attract both full-time residents and second-home buyers to the Forgotten Coast. Offering 21.3 acres to be subdivided from a larger 61.5-acre parcel. Seller is willing to survey and replat the property upon execution of an accepted contract. Buyer to verify all measurements, zoning, density, and development potential with the City of Carrabelle. Additional documentation available upon request.

Listing Agent

Lacey Martina

Naumann Group Real Estate, Inc. - SGI Brokerage Phone: 8507991230 License #3546997 Listed on: 04/27/2026

Property Details

Property Type

  • Land

Lot Details

  • 61.5 Acre Lot
  • Lot Dimensions are 1780 x 1525 x 145 x 155 x 105 x 155
  • Interior Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as Residential Multi-Family

Utilities

  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2007S04W415000100000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

61.5 Acres

Listing Details

  • Directions: head northeast on Highway 98 (St. James Avenue) toward the center of town. Continue following Highway 98 for approximately half a mile before turning left onto 12th Street East.. Drive north then take a left onto Gray Avenue. Property is on right.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 21.3
  • Lot Size: 1780 x 1525 x 145 x 155 x 105 x 155
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Interior Lot, Wetlands, Split Possible, Wooded
  • Waterfront: No
  • Disclosures: City Zoning

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 927828
  • Additional Parcels: No
  • Parcel #: 2007S04W415000100000
  • Zoning Description: Residential Multi-Family

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 For Sale $499,000 -- --
Source: Forgotten Coast REALTOR® Association

Source: Forgotten Coast REALTOR® Association

MLS Number: 328155

Forgotten Coast REALTOR® Association
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